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Baker McKenzie’s TMT Looking Ahead 2022 five-part series explores key themes, offers timely insights, and lays out recommendations for technology, media and telecommunication (TMT) companies looking to navigate the latest industry developments. Topics covered include tech regulation and compliance, tech M&A, interactive entertainment, 5G and TMT as the driver of change.

Report 5: TMT Industry as the Driver of Change

TMT companies are often the first to develop innovative solutions and to face increasingly sophisticated regulation of key technologies they develop. As such, they have a unique opportunity to shape many areas including data strategies aligned to I&D,  the future of remote work, and due diligence requirements for supply chains. A focus on data ethics underscores companies’ management of tangled data regulations and obligations as stewards of data. Additionally, TMT companies will also continue to develop and support innovative technologies to access and store renewable energy.

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The final report of this series explores:

  • how innovative technologies for renewable energy are accelerating the move to net zero
  • key data analysis and utilization strategies that are deepening I&D goal measurement
  • how the hybrid work landscape impacts companies’ bottom lines
  • why TMT companies should prepare for deepening due diligence requirements in supply chains
  • the interlinked importance of worker conditions, sustainability and data protection
  • the three important elements in any data-ethics approach — accountability, transparency and security

Other Reports in the Series

Report 1: Tech Regulation and Compliance

The Technology, Media & Telecommunications (TMT) industry drives the rapid pace and scope of digital transformation through new strategies and the development of innovative technologies, products and services that help to refine how we work, live and do business. As the pace of innovation accelerates, new regulatory and compliance questions and considerations will continue to arise.

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Report 2: Tech Mergers & Acquisitions

Competitive TMT companies are using M&A, joint ventures and strategic alliances to access technology in order to create innovative solutions and services. Given deal volume, speed and complexity, companies need to manage risk and regulatory implications in order to achieve deal certainty as they reshape or grow their business, particularly with cross-border M&A and large-scale investments.

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Report 3 on Interactive Entertainment and the Metaverse (Launching May 2022)

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Emerging new interactive entertainment trends, technologies and the Metaverse are creating opportunities, but there is heightened regulatory scrutiny from several angles, including consumer protection, antitrust, data and more. As the race to buy into blockchain and own the Metaverse and Non-Fungible Tokens (NFTs) heats up, companies will need to buy content, tools, tech and talent to succeed. On the transactional front, innovators are rolling up assets via SPACS or existing publicly listed entities to achieve competitive advantage.

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Report 4: 5G as a Driver of Digital Transformation

5G is helping to drive important business opportunities with its high-speed connections, ultra-low latency and ability to transmit huge volumes of data and enable simultaneous connections with multiple devices. As businesses seek to leverage 5G technology, find out what blind spots exist and how connected solutions can help.

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Author

Kate is a Partner in Baker McKenzie's Corporate Tax Department in London and co-leads our Global Technology, Media & Telecoms Industry Group. Kate is a chartered accountant and chartered tax adviser with over 20 years' experience advising clients on their tax matters. Prior to joining the Firm, she spent seven years as a partner at a Big Four accounting firm.

Author

Kerry Contini is a partner in the Firm's international trade practice in Washington, DC. She advises companies on export controls, sanctions, and related human rights and supply chain compliance issues. She has been with Baker McKenzie since she was a summer associate in 2005 and started as an associate in 2006. Kerry has been ranked in the Up and Coming categories for Export Controls & Trade Sanctions by Chambers Global (2022) and Chambers USA (2021), with clients highlighting that "her advice and solutions are business-focused" and that she is "very practical and easy to work with." Kerry has been recognized as a “standout” member of Baker McKenzie’s international trade team by Legal 500. Legal 500 reported a client as stating that, “Kerry is thoughtful, practical, efficient, and has really invested in getting to know our business and our team.” Kerry was recognized in the Who's Who Legal 2021 as a Global Leader in Trade & Customs - International Sanctions. Kerry has written on export controls and trade sanctions issues for a number of publications, including WorldECR, The Export Practitioner, and Ethisphere. She has presented on pandemic-related supply chain issues to the US International Trade Commission. Kerry has been quoted in a number of publications, including Global Investigations Review and Asian Legal Business. She is an editor of the Firm’s Global Supply Chain Compliance blog and is a regular contributor to that blog as well as the Firm’s Sanctions & Export Controls Update blog. Kerry is a co-chair of the Export Controls and Sanctions Section of the Association of Women in International Trade. Kerry is part of the diversity and inclusion leadership for the Washington DC office and is a member of the BakerWomen Steering Committee. She has maintained an active pro bono practice throughout her career at Baker McKenzie and is co-chair of the Washington DC office pro bono leadership team. Kerry has worked on a wide range of pro bono matters, primarily focusing on public international law, animal advocacy, and election protection. She is an active member of the Animal Law Committee of the Environment, Energy, and Natural Resources Community of the DC Bar.

Author

Elizabeth Denham CBE, joined Baker McKenzie as International Consultant, Data and Tech in 2022. She has over 15 years' experience as a data protection regulator in four jurisdictions. She was most recently the Information Commissioner for the UK (2016-2021) . During her tenure in the UK she also chaired the Global Privacy Assembly, which brings together more than 130 data protection authorities around the world - the premier global forum for data protection. She is recognized as a leader in enabling responsible data use by government and the commercial sector, and for implementing the GDPR into UK law. She tackled some of the most complex issues facing the digital economy, including the use of data in political campaigns, the use of live facial recognition technologies in the commercial and police sectors, and the transparent and fair use of analytics and AI. She is passionate about the protection of children online, ethical and accountable use of health data, and supporting companies to embed data protection and security into their services and offerings. Elizabeth was honoured in the Queen's 2019 Honours list a CBE for services to protecting personal privacy of UK citizens.

Author

Susan Eandi is the head of Baker McKenzie's Global Employment and Labor Law practice group for North America, and chair of the California Labor & Employment practice group. She speaks regularly for organizations including ACC, Bloomberg, and M&A Counsel. Susan has been published extensively in various external legal publications in addition to handbooks/magazines published by the Firm. Susan has been recognized as a leader in employment law by The Daily Journal, Legal 500 PLC and is a Chambers ranked attorney.

Author

Andrew Hedges is a climate change and clean energy lawyer based in London. He works on a range of transactions driven by the ongoing transition to a low carbon economy. His expertise spans the development of renewable energy projects, energy efficiency, sustainable energy procurement (including long term corporate PPAs) and carbon finance. Andrew also provides regulatory advice impacting on the design of a range of energy transactions. Andrew is ranked as a Band 1 individual by Chambers Global.

Author

Monica Kurnatowska is a partner in the Firm's London office. She is a leading employment lawyer who is recognised by The Legal 500 and Chambers UK as a "highly respected, extremely impressive and an exceptional legal mind; she has a tremendous appreciation of the details." Monica is a member of the Consultation Board of PLC Employment Online and is a regular speaker at internal and external seminars and workshops.

Author

Anne has been with Baker McKenzie since 2001. Prior to that, she spent four years with the Australian Attorney-General's Department/Australian Government Solicitor mostly working on large IT projects. In her time at Baker McKenzie, Anne has spent 18 months working in London (2007-2008) and more recently three years working in Singapore (2017-2020).

Author

Robin Samuel is a partner in Baker McKenzie’s Employment and Compensation Practice Group, co-Chair of the Firm’s FutureWorks service line, and Steering Committee member for the North American Employment and Compensation practice. Robin is based in the Firm’s Los Angeles office. Robin helps clients manage and resolve local and cross-border employment issues, whether through counseling or litigation. He advises clients on virtually all aspects of the employment relationship, including hiring and firing, wage and hour, discrimination, harassment, contract disputes, restrictive covenants, employee raiding, and trade secret matters. Clients trust Robin to handle their most sensitive and complex employment issues.

Author

Stan is a partner practicing primarily in the areas of infrastructure projects and finance. He serves as counsel in a broad range of complex transactions with both sponsors and lenders on all aspects of energy and infrastructure projects' development, project financing, investments, joint ventures, operations, asset management, acquisitions, divestitures and corporate structuring. Stan has been trained as a lawyer under common law and civil law systems.

Author

Cyrus Vance Jr. is a partner in Baker McKenzie's North America Litigation and Government Enforcement Practice as well as the Firm's Global Investigations, Compliance & Ethics Practice. He is based in New York and serves as Global Chair of the Cybersecurity Practice. Prior to joining Baker McKenzie, Cyrus served three consecutive four-year terms as Manhattan District Attorney. In this role, he oversaw a team of more than 600 prosecutors handling landmark criminal prosecutions and more than 100,000 cases each year, including investigations and prosecutions of complex, high-profile white collar and business crimes both in the US and internationally, coordinating with global crime-fighting partners including City of London Police, Paris Prosecutors’ Office, Singapore Attorney General, Europol, and Interpol. Cyrus is a Fellow of the American College of Trial Lawyers. Throughout his career, he has been a visible and vocal advocate on a range of justice issues. He is a sought-after speaker and author, and has testified multiple times before the US Congress and state agencies.

Author

Julia Wilson is a partner in Baker McKenzie's Employment & Compensation team in London. She advises senior legal and HR stakeholders on a range of employment and data protection matters. A member of the Firm's Pro Bono Committee, she plays a lead role in the Firm's pro bono relationship with Save the Children International. She also collaborates with Law Works to deliver employment law training to solicitors who provide pro bono advice to individuals. Julia regularly presents at external and internal client seminars on a range of topics, and is often quoted in mainstream media. She authored precedent policies for the UK's Practical Law Company and co-wrote the common concepts chapter of the Tolley's Discrimination Handbook.

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